EX-12 4 ex12-1.htm EX12-1.HTM Prepared and filed by St Ives Financial

 

Exhibit 12.1

Statement of Computation of Ratio of Earnings to Fixed Charges
(Unaudited)

Atlas Pipeline Partners, L.P.

      Nine months ended                      
      September 30,     Years ended December 31,    
     
 
 
      2005   2004   2005   2004   2003   2002   2001  
     
 
 
 
 
 
 
 
Earnings:                            
  Income before income tax expense 14,893   7,224   25,752   18,334   9,639   5,398   8,556  
  Fixed charges 8,921   1,388   14,773   2,575   341   317   239  
     
 
 
 
 
 
 
 
    Total 23,814   8,612   40,525   20,909   9,980   5,715   8,795  
     
 
 
 
 
 
 
 
Fixed Charges:                            
  Interest cost and debt expense 8,478   1,202   14,175   2,301   258   250   176  
  Interest allocable to rental expense (1) 443   186   675   274   83   67   63  
  Interest capitalized —   —   (77 ) —   —   —   —  
  Amortization of previously capitalized interest —   —   —   —   —   —   —  
     
 
 
 
 
 
 
 
    Total 8,921   1,388   14,773   2,575   341   317   239  
     
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges 2.7   6.2   2.7   8.1   29.3   18.0   36.8